Crius Energy Trust Tr Unit CRIUF

Utilities Utilities - Diversified

"Crius Energy Trust through its subsidiaries is engaged in the sale of electricity and natural gas to residential and commercial customers under variable price and fixed-price contracts. The company, through its subsidiaries, also markets solar products to its existing customers as well as to new prospects. It provides retail electricity to its customers in the Connecticut, Delaware, District of Columbia, Illinois, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Ohio, Pennsy

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Crius Energy Trust Tr Unit > This is a POROUS Management team

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Comment by predawnon Aug 02, 2018 4:00pm

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Post# 28406732

RE:RE:RE:This is a POROUS Management team

Regarding your reduction in dist comment if this was under consideration what was the point of increasing it each quarter for the last year??;;;;

Tad wrote: predawn,

It kinda amazes me that management seems to be so out of touch of the actuall share prices etc they spent a extra 550-700K buying back shares at super high prices so it seems to tell us management feel the financials are all good because surely they would know a bad quarter would suppress SP and they could buy back of sustaincially lower prices ::::::So this huge short attack was not obvious to them at all?? ;;;;

Agreed, Mg't buying back units at much higher prices is a good indication they felt the then current unit price was good value. Who better to know than mg't ?

I averaged down a little today, added another 3000 units in the $5.70 level. May add more in coming weeks based on Q2 results.

15% annual yield ?

Market must be expecting a reduction in monthly distribution in the near term ?

GLTA